Electronic adhesives are widely used in the manufacture and assembly of electronic circuits and products. The global electronic adhesives market is estimated to be worth USD 3,416.4 Million in 2014, registering a CAGR of 10.1% between 2015 and 2020. In this study, 2013 has been considered as the historical year and 2014 as the base year for estimating market size of electronic adhesives.

Different secondary sources such as company websites, encyclopedia, directories, and databases have been used to identify and collect information that is useful for this extensive commercial study of the global electronic adhesives market. The primary sources, which include experts from related industries, have been interviewed to verify and collect critical information as well as to assess the future prospects of the market. The top-down approach has been implemented to validate the market size in terms of value and volume. With the data triangulation procedure and validation of data through primaries, the exact values of the overall parent market size and individual market sizes have been determined and confirmed in this study.

The electronic adhesives market has a diversified and established ecosystem of its upstream players such as the raw material suppliers, and the downstream stakeholders such as manufacturers, vendors, end users, and government organizations. The major raw material suppliers are BAYER (Germany), DuPont (U.S.), and Advanced Industrial Products Ltd. (England) that supply raw material such as ethylene, propylene, methanol, and additives to the electronic adhesives manufacturers such as H.B. Fuller (U.S.), Henkel AG & Co., KgaA (Germany), Kyocera Chemical Corp (Japan), and Mitsui Chemicals (Japan) among others.

This study answers several questions for the stakeholders, primarily which market segments to focus in next two to five years for prioritizing the efforts and investments. These stakeholders include the electronic adhesives manufacturers such as the 3M Company (U.S.), LG Chemical Limited (South Korea), Alent Plc (U.K.), and Indium Corporation (U.S.), among others. The government organizations & universities such as Cambridge University (U.K.), European Union, and the U.S. EPA are also the critical stakeholders for this study.

Scope of the Report:

This research report categorizes the market for electronic adhesives based on form, type, application, and region and forecasts revenue growth and analysis of trends in each of the submarkets.

On the Basis of Form: The electronic adhesives market is segmented on the basis of form, such as, liquid, paste, and solid. Each form is further described in detail in the report with value and volume forecasts till 2020.

On the Basis of Type: The electronic adhesives market is segmented on the basis of type, such as, electrically conductive, thermally conductive, UV curing, and others. Each type is further described in detail in the report with value and volume forecasts till 2020.

On the Basis of Application: The electronic adhesives market is segmented on the basis of applications that include Printed Circuit Board (PCB) and Semiconductor & IC. Each application segment is further described in detail in the report with value and volume forecasts till 2020.

On the Basis of Region: The electronic adhesives market is segmented by region as Asia-Pacific, North America, Europe, and RoW. Each region is further segmented by key countries such as China, Taiwan, Japan, South Korea, India, the U.S., Mexico, Canada, Germany, France, the U.K., and Brazil.

Available Customizations: The following customization options are available in the report:

Country-level, by form, analysis and forecast

Analysis of electronic adhesives, by form market at country-level of every region

Company Information

Analysis and profiling of additional global as well as regional market players (Up to 3)

The global electronic adhesives market size, in terms of value, is projected to reach USD 6,085.4 Million by 2020, at a CAGR of 10.1% between 2015 and 2020. In terms of volume, the global electronic adhesives market is projected to reach 1,916.7 kilotons by 2020, at a CAGR of 5.9% during the forecast period. The increasing number of patents filed for electronic adhesives products & applications by global players, growing manufacturing industries, and continuous expansion and merger & acquisition activities undertaken by companies are key factors for the growth of the global electronic adhesives market.

The solid form adhesives are projected to be the fastest-growing form of electronic adhesives between 2015 and 2020. The increasing demand for epoxy solid and hot melt adhesives in circuit assembly and fabrication of high-density multilayer circuits are key factors that fuel the growth of solid form in the electronic adhesives market.

In terms of types, UV Curing adhesives are projected to register the fastest-growth among other types followed by the electrically conductive adhesives segment in the global electronic adhesives market. The demand of UV Curing adhesives is mainly driven due to its ability to provide better scratch and abrasion resistance, high bond strength, and produce less/no wastage of resources, thus creating green revolution in the electronic adhesives industry.

Asia-Pacific region, being the largest market for electronic adhesives is also projected to register the high CAGR of 12.0% in the electronic adhesives market, in terms of value between 2015 and 2020. This growth is majorly driven due to increase in electronic adhesives demand in various application sectors such as semiconductor & circuit assembly, and die-attachment applications in various industrial sectors. These industrial sectors, including, semiconductor & IC, and PCB have led to the growth of electronic adhesives as a substitute of tin-lead solders in this region.

Though the electronic adhesives market is gaining importance at a fast pace, but few factors act as a bottleneck towards the growth of electronic adhesives in the global adhesives market. The limited availability of electronic adhesives raw material suppliers owing to stringent environment regulations and VOC emission restrictions, and fluctuations in the currency exchange rates of Japan are the major restraints toward the growth of the electronic adhesives market.

The companies such as Alent Plc (U.K.), BASF SE (Germany), The DOW Chemical Co. (U.S.), H.B. Fuller (U.S.), and Henkel AG & Co., KgaA (Germany) are the dominant market players in the global electronic adhesives market. The diverse product portfolio and strategically positioned R&D centers, continuous adoption of development strategies, and technological advancements are few factors that are responsible for strengthening the market position of these companies in the electronic adhesives market. They have been adopting various organic and inorganic growth strategies such as expansion, merger & acquisition, partnership, new product launch & product development to enhance the current market scenario of electronic adhesives. This would help the electronic adhesives market to evolve in further applications which would help them to expand their global reach.